Mumbai will see the installation of the largest private solar rooftop system at the National Centre for the Performing Arts. The installation by Avesta Solar Private Limited, funded by Tata Cleantech Capital Limited, boasts a lifespan of 20-25 years and can generate around 6.5 lakh units, estimated to save the centre Rs. 50 lakh per annum.
Manish Chourasia, CEO, Tata Cleantech Capital Limited, said, “Our focus is to fund similar quality renewable assets, and we expect to participate in the funding of around 10GW generation capacity over the next two to three years. We are exploring funding options... with support from IFC and other multilateral and bilateral agencies.”